Don't panic if you're trapped at 170 points! $SKHYNIX Complete guide to unwind long positions at 1900, look here for rebounds!

Fans trapped in long positions at 1900, does it hurt? Jin Yao understands! But at times like this, the more you need to stay calm, panic selling is the root of losses.

First, the news front actually gives you an umbrella!

The sharp drop in the Korean stock market is an external emotional shock, but the positive earnings report from Micron is real. After the panic sentiment subsides, value will eventually return.

Second, the most critical is to look at the chart!

Look at the 1-hour chart I marked. The area below 1700-1650 USD is a dense chip zone and psychological level with very strong support. More importantly, observe the liquidation map. Near 1900 USD, there is a short liquidation intensity of up to 1 million! This means that once prices stabilize and rebound, forced short covering will become rocket fuel, helping you unwind positions and even profit!

Here comes the unwind strategy:

The core issue is where is your liquidation price? How heavy is your position? The unwind strategies for different positions are vastly different. Whether to hold until around 1700 to do "T" trades to reduce cost, or wait for a rebound to the 1850-1870 area to partially reduce position, or even whether to reverse and lock positions, all depend on your actual situation.

Want to know the specific unwind rhythm and price levels? Comment "1" in the comments section, and Jin Yao will break it down for you one-on-one! Don't blindly hold on by yourself, wrong direction makes effort wasted.

‍$SKHYNIX #0成本拿2股SK海力士